Managing Editor’s Note: Having never met Murray Rothbard prior to this interview I was only aware of his scholarly side—through his writings; I had no conception of the type of personality which I was to encounter. Donald Stone, editor of the libertarian newsletter Pegasus and friend of The New Banner, who accompanied me and assisted in the interview, had only briefly met Murray Rothbard on one occasion a year before.
The BIS has just released a research report questioning whether negative interest rates are effective in achieving policymakers' goals of staving off a (phantom) deflation without adversely impacting the financial sector and the overall economy.
The federal government has been meddling in Western lands since the beginning. Early settlers were happy to have the feds on their side, but a government strong enough to give you land is strong enough to take it away.
As William Grigg recently reported, federal regulators have the ability to freeze the bank accounts and credit card accounts of citizens, even without charging them with a crime or providing any other due process.